Latest Newtek Business Services Inc (NEWT) Headlines
Majority Of Business Owners Not Concerned About Credit Card Security
PR Newswire - Thu Mar 06, 9:01AM CST
Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, with a portfolio of over 100,000 business accounts, announced today the findings of its SB Authority Market Sentiment Survey, a monthly window into the concerns of independent business owners. Based on a poll of over 1,400 respondents, one of the key findings from the February survey is that even after the recent hackings at major companies such as Target and Neiman Marcus, 67% of business owners are not concerned about credit card security at their business. Additionally, 63% of business owners are unaware of EMV Chip Card Technology. EMV is a global standard for credit and debit payment cards based on chip card technology. Payment chip cards contain an embedded microprocessor, a type of small computer that provides strong security features and other capabilities not possible with traditional magnetic stripe cards.
Small Business Economy Grows Modestly in Early 2014
PR Newswire - Tue Mar 04, 8:00AM CST
Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, announced today the release of the SB Authority Index of small business indicators for January 2014 reaching 125.08 points. The Russell Microcap Index, new business formations and the ADP employment report led the increase. The SB Authority Index is up 0.49% from December 2013. On a year-over-year comparison, the SB Authority Index is up 7.1%.
Newtek Business Services' SBA 7(a) Lender Ranked as 6th Most Active Through the Fourth Quarter of 2013
PR Newswire - Thu Feb 27, 4:15PM CST
Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, today announced that the U.S. Small Business Administration ranked Newtek Small Business Finance as the 6th most active SBA 7(a) lender among all bank and non-bank lenders, by lending volume, for the period ended December 31, 2013. Newtek continues to retain its position as the largest non-bank SBA 7(a) lender. The Company also announced that for the year ended December 31, 2013, Newtek Small Business Finance funded in excess of $180 million in SBA 7(a) loans, which helped bring Newtek's total internal loan servicing portfolio level to over $500 million as of the date of this release. The Company also maintained the level of its total loan servicing portfolio of over $1.0 billion during the same time period.
Study Finds Health Reform Law Insurance Tax Costly to Florida Medicaid
PR Newswire - Wed Feb 12, 8:00AM CST
A report from actuarial firm Milliman, Inc. and commissioned by Medicaid Health Plans of America (MHPA) shows a provision of the Affordable Care Act (ACA) intended to tax risk-based managed care insurance companies to help fund health reform will drain $1.08 billion from Florida's Medicaid program.
Cambrex to Announce Fourth Quarter 2013 Financial Results on February 11, 2014
PR Newswire - Fri Feb 07, 1:46PM CST
Cambrex Corporation (NYSE: CBM) announced that fourth quarter 2013 financial results will be released on Tuesday, February 11, 2014 before the market opens.
Index Shows Slight Year-End Growth Within Small Business Economy
PR Newswire - Thu Feb 06, 9:56AM CST
Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, announced today the release of the SB Authority Index of small business indicators for December 2013 reaching 124.46 points. The Russell Microcap Index, Newtek Merchant Processing and approved SBA lending volumes led the increase. The SB Authority Index is up 0.80% from November 2013. On a year-over-year comparison, the SB Authority Index is up 7.35%.
Majority Of Business Owners Optimistic For 2014
PR Newswire - Wed Feb 05, 10:33AM CST
Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, with a portfolio of over 100,000 business accounts, announced today the findings of its SB Authority Market Sentiment Survey, a monthly window into the concerns of independent business owners. Based on a poll of over 1,500 respondents, one of the key findings from the January survey is that 62% of business owners have an optimistic outlook for 2014. Of the remaining, 12% have a pessimistic outlook and 26% feel neutral. Additionally, in regards to headcount, 62% of business owners plan to keep headcount the same, while 30% plan to hire more staff and 8% plan to decrease headcount.
Newtek Debuts Magazine Dedicated To Small Business Owner Issues
PR Newswire - Thu Jan 23, 12:20PM CST
Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, announced today the debut of Newtek, The Small Business Authority Online Magazine for 2013-2014. The magazine serves as a comprehensive look at the many issues small businesses will face in the next year including strategies to address them. To download the online magazine, visit http://www.thesba.com/newtek/annual-magazine/.
Kellogg's Frosted Flakes® Celebrates Father/Daughter Bond Through Partnership With U.S. Olympic Hopeful Ski Jumper Sarah Hendrickson
PR Newswire - Thu Jan 23, 8:00AM CST
For dads looking to connect with their daughters, it might be as easy as a game of catch or an afternoon on the ski slopes. A new Kellogg's Frosted Flakes® survey reveals that sports are a primary way for dads to bond with their daughters. As the Sochi 2014 Olympic Winter Games approach, Frosted Flakes will celebrate the father/daughter relationship by showcasing U.S. Olympic Hopeful ski jumper Sarah Hendrickson and her father, Bill, and by encouraging dads everywhere to share their passion for sports with their girls.
Direxion Launches 3X Leveraged ETFs Tracking FTSE Developed Europe Index
PR Newswire - Wed Jan 22, 7:30AM CST
Direxion, a leader in alternative investment solutions, has launched a pair of leveraged exchange-traded funds (ETFs) tracking the equity performance of mid- and large-capitalization companies in Europe's developed markets.
CPSC Posts Recall to its Web Site
PR Newswire - Thu Jan 16, 12:00PM CST
The U.S. Consumer Product Safety Commission (CPSC) announced today that the following voluntary recall alert was posted in cooperation with the firm listed below. Recalls can be viewed at www.cpsc.gov.
W.S. Tyler Delivers The Perfect Meshing of Color and Design
PR Newswire - Tue Jan 14, 11:49AM CST
Forget the concept of a static building facade that remains the same year after year and envision the design possibilities of exteriors where color, texture, transparency and light can all be incorporated to create diverse and dynamic building facades. W.S. Tyler USA Architectural Design Group provides three customizable woven stainless steel wire mesh products that allow design professionals virtually limitless options to create one-of-a-kind facades for both commercial new construction and renovation.
The Small Business Authority Releases The November 2013 SB Authority Index
PR Newswire - Fri Jan 10, 12:56PM CST
Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, announced the release of the SB Authority Index of small business indicators for November 2013 reaching 123.48 points. Retail sales, the Russell Microcap Index, and the ADP employment report led the increase. The SB Authority Index is up 0.78% from October 2013. On a year-over-year comparison, the SB Authority Index is up 6.85%.
The new MM 30G from Sennheiser - Superior audio quality from your Samsung with 'hands free' call and track control
PR Newswire - Tue Jan 07, 12:00PM CST
Sennheiser unveils its new MM 30G in-ear headset, a 'perfect fit' for the latest generation of Samsung Galaxy smartphones and tablets from the Galaxy S2 upwards. Sleek and discreet, it's a headset with a mobile device remote control, modeled in elegant black or white. It offers you a top of the range Sennheiser music listening experience on your Samsung Galaxy device while giving you complete control for all your conversations on the go.
Economic Environment Is Primary Concern For Business Owners
PR Newswire - Tue Jan 07, 7:30AM CST
Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, with a portfolio of over 100,000 business accounts, announced today the findings of its SB Authority Market Sentiment Survey, a monthly window into the concerns of independent business owners. Based on a poll of over 800 respondents, one of the key findings from the December survey is that for 2014, 53% of business owners are most concerned about the effects of a weak economic environment. Of the remaining, 28% are most concerned about the Affordable Care Act, and 18% are concerned about an inability to finance their business.
Newtek Business Services, Inc. Prices and Sells Fourth Small-Business Loan Securitization
PR Newswire - Wed Dec 18, 8:00AM CST
Newtek Business Services, Inc., (NASDAQ: NEWT) (www.thesba.com) The Small Business Authority®, announced today that is has completed the securitization and sale of an additional $24.4 million of Standard and Poor's ("S&P") A-rated senior-secured securities collateralized by its non-guaranteed portions of SBA 7(a) small-business loans. This transaction was accomplished as an amendment to the 2013-1 securitization of $23.6 million S&P A-rated senior-secured securities, which closed on March 20, 2013. Guggenheim Securities, LLC acted as the placement agent for the sale of the additional trust notes and placed this issue with four institutional investors. With this amendment, Newtek has completed the securitization and financing of approximately $63.8 million of non-guaranteed portions of SBA 7(a) small-business loans within the past 12 months. S&P rated this securitization's trust Notes as 'A' based on the collateral in the entire, upsized pool.
The Small Business Authority Releases The October 2013 SB Authority Index
PR Newswire - Tue Dec 10, 9:42AM CST
Newtek Business Services (NASDAQ: NEWT), The Small Business Authority®, announced the release of the SB Authority Index of small business indicators for October 2013 reaching 122.46 points. Retail sales, the Russell Microcap Index, and the ADP employment report led the increase. The SB Authority Index is up .35% from September 2013. As a year-over-year comparison, the SB Authority Index is up 6.52%.
Majority Of Business Owners Expect Zero Growth In Black Friday And Cyber Monday Sales
PR Newswire - Tue Nov 26, 12:24PM CST
Newtek Business Services (NASDAQ: NEWT), The Small Business Authority®, with a portfolio of over 100,000 business accounts, announced today the findings of its SB Authority Market Sentiment Survey, a monthly window into the concerns of independent business owners. Based on a poll of 900 respondents, one of the key findings from the November survey is that 70% of business owners believe their sales on Black Friday and Cyber Monday will remain unchanged from last year. Of the remaining, 23% believe their sales will be up 4% or more from last year and 7% believe their sales will be down 4% from last year.
Newtek Business Services, Inc. To Present at the Sixth Annual LD MICRO Conference
PR Newswire - Tue Nov 19, 8:00AM CST
Newtek Business Services, Inc., (NASDAQ: NEWT) (www.thesba.com) The Small Business Authority®, a provider of business services and financial products to the small- and medium-sized business market, announced today that it has been invited to present at the Sixth Annual LD MICRO Conference at the Luxe Sunset Belair Hotel in Los Angeles, California on Wednesday, December 4th, 2013, Track 3, at 5:00PM PST. Barry Sloane, President and CEO, will be available during the day for one-on-one meetings. To schedule a meeting, please contact your LD MICRO representative. A live audio webcast with the corresponding presentation will be available in the 'Events & Presentations' section of the 'Investor Relations' portion of Newtek's website at http://investor.newtekbusinessservices.com/events.cfm. A replay of the webcast with the corresponding presentation will be available in the same location on Newtek's website shortly following the live presentation.
Newtek Business Services, Inc. Reports 67% Increase In Diluted Earnings Per Share ("EPS") To $0.05
PR Newswire - Wed Nov 06, 8:00AM CST
Newtek Business Services, Inc. (NASDAQ: NEWT) (www.thesba.com) The Small Business Authority®, a provider of business services and financial products to the small- and medium-sized business market, reported today its financial results for the three and nine months ended September 30, 2013.
Majority Of Business Owners Not Concerned About Credit Card Security
PR Newswire - Thu Mar 06, 9:01AM CST
Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, with a portfolio of over 100,000 business accounts, announced today the findings of its SB Authority Market Sentiment Survey, a monthly window into the concerns of independent business owners. Based on a poll of over 1,400 respondents, one of the key findings from the February survey is that even after the recent hackings at major companies such as Target and Neiman Marcus, 67% of business owners are not concerned about credit card security at their business. Additionally, 63% of business owners are unaware of EMV Chip Card Technology. EMV is a global standard for credit and debit payment cards based on chip card technology. Payment chip cards contain an embedded microprocessor, a type of small computer that provides strong security features and other capabilities not possible with traditional magnetic stripe cards.
Small Business Economy Grows Modestly in Early 2014
PR Newswire - Tue Mar 04, 8:00AM CST
Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, announced today the release of the SB Authority Index of small business indicators for January 2014 reaching 125.08 points. The Russell Microcap Index, new business formations and the ADP employment report led the increase. The SB Authority Index is up 0.49% from December 2013. On a year-over-year comparison, the SB Authority Index is up 7.1%.
Newtek Business Services' SBA 7(a) Lender Ranked as 6th Most Active Through the Fourth Quarter of 2013
PR Newswire - Thu Feb 27, 4:15PM CST
Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, today announced that the U.S. Small Business Administration ranked Newtek Small Business Finance as the 6th most active SBA 7(a) lender among all bank and non-bank lenders, by lending volume, for the period ended December 31, 2013. Newtek continues to retain its position as the largest non-bank SBA 7(a) lender. The Company also announced that for the year ended December 31, 2013, Newtek Small Business Finance funded in excess of $180 million in SBA 7(a) loans, which helped bring Newtek's total internal loan servicing portfolio level to over $500 million as of the date of this release. The Company also maintained the level of its total loan servicing portfolio of over $1.0 billion during the same time period.
Study Finds Health Reform Law Insurance Tax Costly to Florida Medicaid
PR Newswire - Wed Feb 12, 8:00AM CST
A report from actuarial firm Milliman, Inc. and commissioned by Medicaid Health Plans of America (MHPA) shows a provision of the Affordable Care Act (ACA) intended to tax risk-based managed care insurance companies to help fund health reform will drain $1.08 billion from Florida's Medicaid program.
Cambrex to Announce Fourth Quarter 2013 Financial Results on February 11, 2014
PR Newswire - Fri Feb 07, 1:46PM CST
Cambrex Corporation (NYSE: CBM) announced that fourth quarter 2013 financial results will be released on Tuesday, February 11, 2014 before the market opens.
Index Shows Slight Year-End Growth Within Small Business Economy
PR Newswire - Thu Feb 06, 9:56AM CST
Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, announced today the release of the SB Authority Index of small business indicators for December 2013 reaching 124.46 points. The Russell Microcap Index, Newtek Merchant Processing and approved SBA lending volumes led the increase. The SB Authority Index is up 0.80% from November 2013. On a year-over-year comparison, the SB Authority Index is up 7.35%.
Majority Of Business Owners Optimistic For 2014
PR Newswire - Wed Feb 05, 10:33AM CST
Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, with a portfolio of over 100,000 business accounts, announced today the findings of its SB Authority Market Sentiment Survey, a monthly window into the concerns of independent business owners. Based on a poll of over 1,500 respondents, one of the key findings from the January survey is that 62% of business owners have an optimistic outlook for 2014. Of the remaining, 12% have a pessimistic outlook and 26% feel neutral. Additionally, in regards to headcount, 62% of business owners plan to keep headcount the same, while 30% plan to hire more staff and 8% plan to decrease headcount.
Newtek Debuts Magazine Dedicated To Small Business Owner Issues
PR Newswire - Thu Jan 23, 12:20PM CST
Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, announced today the debut of Newtek, The Small Business Authority Online Magazine for 2013-2014. The magazine serves as a comprehensive look at the many issues small businesses will face in the next year including strategies to address them. To download the online magazine, visit http://www.thesba.com/newtek/annual-magazine/.
Kellogg's Frosted Flakes® Celebrates Father/Daughter Bond Through Partnership With U.S. Olympic Hopeful Ski Jumper Sarah Hendrickson
PR Newswire - Thu Jan 23, 8:00AM CST
For dads looking to connect with their daughters, it might be as easy as a game of catch or an afternoon on the ski slopes. A new Kellogg's Frosted Flakes® survey reveals that sports are a primary way for dads to bond with their daughters. As the Sochi 2014 Olympic Winter Games approach, Frosted Flakes will celebrate the father/daughter relationship by showcasing U.S. Olympic Hopeful ski jumper Sarah Hendrickson and her father, Bill, and by encouraging dads everywhere to share their passion for sports with their girls.
Direxion Launches 3X Leveraged ETFs Tracking FTSE Developed Europe Index
PR Newswire - Wed Jan 22, 7:30AM CST
Direxion, a leader in alternative investment solutions, has launched a pair of leveraged exchange-traded funds (ETFs) tracking the equity performance of mid- and large-capitalization companies in Europe's developed markets.
CPSC Posts Recall to its Web Site
PR Newswire - Thu Jan 16, 12:00PM CST
The U.S. Consumer Product Safety Commission (CPSC) announced today that the following voluntary recall alert was posted in cooperation with the firm listed below. Recalls can be viewed at www.cpsc.gov.
W.S. Tyler Delivers The Perfect Meshing of Color and Design
PR Newswire - Tue Jan 14, 11:49AM CST
Forget the concept of a static building facade that remains the same year after year and envision the design possibilities of exteriors where color, texture, transparency and light can all be incorporated to create diverse and dynamic building facades. W.S. Tyler USA Architectural Design Group provides three customizable woven stainless steel wire mesh products that allow design professionals virtually limitless options to create one-of-a-kind facades for both commercial new construction and renovation.
The Small Business Authority Releases The November 2013 SB Authority Index
PR Newswire - Fri Jan 10, 12:56PM CST
Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, announced the release of the SB Authority Index of small business indicators for November 2013 reaching 123.48 points. Retail sales, the Russell Microcap Index, and the ADP employment report led the increase. The SB Authority Index is up 0.78% from October 2013. On a year-over-year comparison, the SB Authority Index is up 6.85%.
The new MM 30G from Sennheiser - Superior audio quality from your Samsung with 'hands free' call and track control
PR Newswire - Tue Jan 07, 12:00PM CST
Sennheiser unveils its new MM 30G in-ear headset, a 'perfect fit' for the latest generation of Samsung Galaxy smartphones and tablets from the Galaxy S2 upwards. Sleek and discreet, it's a headset with a mobile device remote control, modeled in elegant black or white. It offers you a top of the range Sennheiser music listening experience on your Samsung Galaxy device while giving you complete control for all your conversations on the go.
Economic Environment Is Primary Concern For Business Owners
PR Newswire - Tue Jan 07, 7:30AM CST
Newtek Business Services, NASDAQ: NEWT, The Small Business Authority®, with a portfolio of over 100,000 business accounts, announced today the findings of its SB Authority Market Sentiment Survey, a monthly window into the concerns of independent business owners. Based on a poll of over 800 respondents, one of the key findings from the December survey is that for 2014, 53% of business owners are most concerned about the effects of a weak economic environment. Of the remaining, 28% are most concerned about the Affordable Care Act, and 18% are concerned about an inability to finance their business.
Newtek Business Services, Inc. Prices and Sells Fourth Small-Business Loan Securitization
PR Newswire - Wed Dec 18, 8:00AM CST
Newtek Business Services, Inc., (NASDAQ: NEWT) (www.thesba.com) The Small Business Authority®, announced today that is has completed the securitization and sale of an additional $24.4 million of Standard and Poor's ("S&P") A-rated senior-secured securities collateralized by its non-guaranteed portions of SBA 7(a) small-business loans. This transaction was accomplished as an amendment to the 2013-1 securitization of $23.6 million S&P A-rated senior-secured securities, which closed on March 20, 2013. Guggenheim Securities, LLC acted as the placement agent for the sale of the additional trust notes and placed this issue with four institutional investors. With this amendment, Newtek has completed the securitization and financing of approximately $63.8 million of non-guaranteed portions of SBA 7(a) small-business loans within the past 12 months. S&P rated this securitization's trust Notes as 'A' based on the collateral in the entire, upsized pool.
The Small Business Authority Releases The October 2013 SB Authority Index
PR Newswire - Tue Dec 10, 9:42AM CST
Newtek Business Services (NASDAQ: NEWT), The Small Business Authority®, announced the release of the SB Authority Index of small business indicators for October 2013 reaching 122.46 points. Retail sales, the Russell Microcap Index, and the ADP employment report led the increase. The SB Authority Index is up .35% from September 2013. As a year-over-year comparison, the SB Authority Index is up 6.52%.
Majority Of Business Owners Expect Zero Growth In Black Friday And Cyber Monday Sales
PR Newswire - Tue Nov 26, 12:24PM CST
Newtek Business Services (NASDAQ: NEWT), The Small Business Authority®, with a portfolio of over 100,000 business accounts, announced today the findings of its SB Authority Market Sentiment Survey, a monthly window into the concerns of independent business owners. Based on a poll of 900 respondents, one of the key findings from the November survey is that 70% of business owners believe their sales on Black Friday and Cyber Monday will remain unchanged from last year. Of the remaining, 23% believe their sales will be up 4% or more from last year and 7% believe their sales will be down 4% from last year.
Newtek Business Services, Inc. To Present at the Sixth Annual LD MICRO Conference
PR Newswire - Tue Nov 19, 8:00AM CST
Newtek Business Services, Inc., (NASDAQ: NEWT) (www.thesba.com) The Small Business Authority®, a provider of business services and financial products to the small- and medium-sized business market, announced today that it has been invited to present at the Sixth Annual LD MICRO Conference at the Luxe Sunset Belair Hotel in Los Angeles, California on Wednesday, December 4th, 2013, Track 3, at 5:00PM PST. Barry Sloane, President and CEO, will be available during the day for one-on-one meetings. To schedule a meeting, please contact your LD MICRO representative. A live audio webcast with the corresponding presentation will be available in the 'Events & Presentations' section of the 'Investor Relations' portion of Newtek's website at http://investor.newtekbusinessservices.com/events.cfm. A replay of the webcast with the corresponding presentation will be available in the same location on Newtek's website shortly following the live presentation.
Newtek Business Services, Inc. Reports 67% Increase In Diluted Earnings Per Share ("EPS") To $0.05
PR Newswire - Wed Nov 06, 8:00AM CST
Newtek Business Services, Inc. (NASDAQ: NEWT) (www.thesba.com) The Small Business Authority®, a provider of business services and financial products to the small- and medium-sized business market, reported today its financial results for the three and nine months ended September 30, 2013.
